MGM Mirage, Dubai World report final deal results
26 Feb 2008
LAS VEGAS, Nevada -- (PRESS RELEASE) -- MGM Mirage (NYSE: MGM) and Infinity World (Cayman) L.P., an indirect wholly owned subsidiary of Dubai World, announced today the final results of their joint tender offer, which expired at 12:00 midnight, New York City time, on February 14, 2008.
Based on the final tabulation by Mellon Investor Services LLC, the depositary for the joint tender offer, 99,125,707 shares of common stock of MGM MIRAGE were properly tendered and not withdrawn in the joint tender offer, resulting in a proration factor of approximately 15.1%.
Mellon Investor Services LLC will promptly issue payment for the shares validly tendered and accepted for payment and will return all other shares tendered.